Verizon Wireless shareholders and executives are very pleased with the profit capabilities of Verizon's new Share Everything plans. The only thing shared in the plans is data which can be very costly, especially since data is what people and even tweens are using the most. Although the Share Everything plan commerical uses the world "only." It is not only $10 when you do the math.
Let's look at Verizon's latest commercial, you see the lovely yuppie couple whom we estimate to be in their twenties. They will love the unlimited text - but the data is where they'll really pay. If say one of them would like to buy the latest smartphone the Samsung Galaxy S III at a subsidized price they will have sign up for at least two years of the Share Everything plan.
AT&T has abandoned the massive T-Mobile aquisition deal. AT&T said today that after a thorough review of options it has agreed with Deutsche Telekom AG to end its bid to acquire T-Mobile USA, which began in March of this year.
